April 2015 Remittance – Day #1 Observations
On Day #1, with 69% of the deals, we look at: 1) CPR/CDR by product and vintage, 2) losses made whole from R&W claims, 3) modifications...
Lehman RMBS bondholders - $100+ million in expenses coming your way
Lehman Brothers Holdings, Inc., Bankruptcy Case No.: 08-13555 (SCC) ...pending in the United States Bankruptcy Court for the Southern...
Servicer Mapping Update – April 2015
Ocwen released more deals onto REALPortal, so it is a good time to update our Servicer Mapping. Attached is our latest commentary which...
Florida Statute of Limitations
Facts Florida has a 5-year statute of limitations on mortgage foreclosures. The statute of limitations is a time limit to bringing on a...
Ocwen – Uh Oh – Liquidation Proceeds not remitted to the Trust?
Typical Language in a Pooling & Servicing Agreement “The Servicer shall withdraw or shall cause to be withdrawn from the related...
